J.C. Penney (JCP) EVP of Construction Departs
Tweet
Share
E-mailGet Alerts JCP Hot Sheet
Join SI Premium – FREE
J.C. Penney's (NYSE: JCP) EVP of construction Ben Fay has left the company, according to reports late on Tuesday. J.C. Penney was planning to spend millions to revamp its stores, in-line with former CEO Ron Johnson vision, so the departed is significant in the regard, and JCP will likely continue these efforts.
Interestingly, recent reports say J.C. Penney may have skirted building codes in an effort to speed construction, and there is speculation Fay's departure is tied to these reports.
Interestingly, recent reports say J.C. Penney may have skirted building codes in an effort to speed construction, and there is speculation Fay's departure is tied to these reports.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- GCM Grosvenor adds two hires to its Frankfurt office
- Ulta Beauty names Kelly Garcia as CTO, effective August 2026
- CVS Health reaches FTC settlement over pharmacy benefit practices
Create E-mail Alert Related Categories
Litigation, Management ChangesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
